Program Officer

Maine Municipal Bond Bank (MMBB) / Maine Health & Higher Educational Facilities Authority (MHHEFA) / Maine Governmental Facilities Authority (MGFA)

Location:

Augusta, Maine

Schedule:

Full-Time, 37.5 hours

Reports To:

MMBB Executive Director

FULL

JOB DESCRIPTION:

Make a Lasting Impact on Maine Communities

Are you a finance professional who thrives on building relationships, managing complex projects, and creating meaningful public impact? The Maine Municipal Bond Bank (MMBB) is seeking a Program Officer to lead financing programs for the Maine Health & Higher Educational Facilities Authority (MHHEFA) and the Maine Governmental Facilities Authority (MGFA). In this highly visible leadership role, you'll help hospitals, higher education institutions, and public facilities across Maine access the affordable financing they need to serve their communities.

This is a substantial finance position, and more: it is an opportunity to shape projects that improve infrastructure, healthcare, education, and quality of life throughout Maine.

The Maine Municipal Bond Bank and its affiliated authorities (MHHEFA and MGFA) manage over $7 billion in funds supporting projects across Maine, helping communities invest in a stronger future. Our team is small, collaborative, mission-driven, and committed to serving the public good. As a designated Mindful Employer, we foster a culture where employees are valued, supported, and encouraged to bring their authentic selves to work.

We believe meaningful work and human-centered leadership create the greatest impact.

• Meaningful work that directly benefits Maine communities
• Leadership role with significant strategic influence
• Collaborative, mission-driven workplace culture
• Opportunity to build relationships with healthcare, education, government, and finance leaders
• Professional growth through networking, conferences, and industry engagement
• Career advancement opportunity to Senior Program Officer

As Program Officer, you will lead the development, implementation, and administration of MHHEFA and MGFA programs while ensuring borrowers have access to cost-effective financing solutions.

Key responsibilities include:

Bond Issuance & Portfolio Management

• Lead new bond issuances from planning through closing
• Conduct credit analysis and document review
• Coordinate financing transactions and ensure regulatory compliance
• Manage outstanding bond portfolios and reserve funds
• Serve as key contact for rating agency communications
• Monitor covenant compliance and support ongoing bond administration

Borrower & Stakeholder Relations

• Build and maintain strong relationships with borrowers and financial partners
• Guide borrowers through financing processes
• Manage communications with attorneys, underwriters, consultants, and other professionals
• Negotiate and manage troubled loan workouts when necessary

Program Leadership & Strategy

• Promote and expand program utilization through outreach and relationship management
• Represent the organization through networking opportunities
• Recommend process improvements, policies, and innovative program solutions
• Support budgeting, financial oversight, and operational planning
• Supervise one program assistant
• Establish performance expectations and operational objectives
• Foster a team culture of collaboration, accountability, and excellent service

{Please view the full job description,  }

Required Qualifications

• Bachelor's degree in finance, accounting, business, economics, public administration, or a related field
• 5-7 years of progressively responsible experience in banking, finance, financial services, public finance, lending, or a
• related field
• Knowledge of financial analysis, lending practices, and regulatory compliance
• Strong project management and organizational skills
• Excellent written and verbal communication abilities
• Ability to manage multiple priorities and deadlines effectively

Preferred Qualifications

• Experience with municipal finance, bond issuance, healthcare finance, higher education finance, or public-sector lending is highly desirable
• Familiarity with federal and state tax laws related to financing…